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Mortgage broker |
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Mortgage brokerAn independent agent who shops around for the best mortgage deal on behalf of his clients.Mortgage BrokerOne who, for a fee, brings together a borrower and lender, and handles the necessary applications for the borrower to obtain a loan against real property by giving a mortgage or deed of trust as security. Also called a loan broker.Mortgage brokerA person or company engaged in the arrangement of mortgages for buyers. The broker is usually paid a commission by the lender.Mortgage brokerA company or individual that places mortgage loans with lenders, but does not originate or service loans like a mortgage banker.Mortgage broker Similar MatchesFreddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Biweekly mortgage loanBiweekly mortgage loanA mortgage whereby the borrower makes a half monthly payment every two weeks instead of the usual 12 monthly payments. This arrangement results in 26 half monthly payments per year and a significant reduction in interest since an extra monthly payment is made. Assumable mortgageAssumable mortgageA mortgage that can be transferred to another borrower. Mortgage interest deductionMortgage interest deductionA federal tax deduction for interest paid on a mortgage used to acquire, construct, or improve a residence. Government insured mortgageGovernment insured mortgageLoans in which the government promises to make good on the insured portion, should the borrow default on the loan. Generally, government loans do not require large down payments. They do, however, have strict eligibility requirements. Further SuggestionsGuaranteed Mortgage Certificates (GMC)Remortgage Mortgage Mortgage reference fee Blanket Mortgage Mortgage Life Insurance Euro mortgage Non status mortgage Mortgage servicing Reverse annuity mortgages (RAM) Joint mortgage Self build mortgage reverse annuity mortgage Deferred interest mortgage remortgage mortgage interest relief at source Chattel Mortgage Stepped fixed rate mortgage Delinquent mortgage Mortgage duration Growing Equity Mortgage (gem) Fixed term reverse mortgage Mortgage advance General Mortgage Bond Mortgage types |
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